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EDO

pNetwork (PNT)pNetwork, formerly known as Eidoo (EDO), is an open-source multichain routing protocol for providing interoperability across a variety of independent blockchains; they claim you can bridge more than 50 assets among 15 blockchains such as Bitcoin, Ethereum, Polygon, Arbitrum, Litecoin and ... Anyway, as we can see from the chart, PNT been descending for a while. It seems a big triangle pattern is formed and price is trying to break it upward. Let's see if this happens or not.
PLong
by SaeedSalehinia
🆓pNetwork (PNT) July-7 #PNT $PNTPNT just broke out of the $0.7 price zone and is heading towards the $0.9 and $1.1 zone and it could touch these areas in mid-July. However, if PNT loses the $0.7 zone, it will create a fakeout and will fall back to the $0.50 zone. 📈BUY 🔴Buy : 0.68-0.72$. SL if B 🔴Buy : 0.88-0.92$ if A. SL if B 📉SELL 🔴Sell : 0.88-0.92$. SL if A 🔴Sell : 1.07-1.13$. SL if A ♻️BACK-UP 🔵Sell : 0.68-0.72$ if B. SL if A 🔵Buy : 0.485-0.515$. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
PLong
by CryptoStation
1
💡 Don't miss the great buy opportunity in Eidoo/BitcoinTrading suggestion: There is a possibility of temporary retracement to suggested support line (0.0000176). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Eidoo/Bitcoin EDOBTC is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 62. Take Profits: TP1= @ 0.00002160 TP2= @ 0.00002540 TP3= @ 0.00002950 TP4= @ 0.00003360 TP5= @ 0.00004080 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
ELong
by ForecastCity
6
💡 Don't miss the great buy opportunity in Eidoo/BitcoinTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0000176). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Eidoo/Bitcoin EDOBTC is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 62. Take Profits: TP1= @ 0.00002160 TP2= @ 0.00002540 TP3= @ 0.00002950 TP4= @ 0.00003360 TP5= @ 0.00004080 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
ELong
by ForecastCity
8
Don't miss the great buy opportunity in EDOBTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0001). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EDOBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 53. Take Profits: TP1= @ 0.000115 TP2= @ 0.000125 TP3= @ 0.000134 TP4= @ 0.000147 TP5= @ 0.000170 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
ELong
by ForecastCity
10
Don't miss the great buy opportunity in EDOBTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0001). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EDOBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 53. Take Profits: TP1= @ 0.000115 TP2= @ 0.000125 TP3= @ 0.000134 TP4= @ 0.000147 TP5= @ 0.000170 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
ELong
by ForecastCity
12
DISTRIBUTION FRACTAL OR REACCUMULATION? I saw this types of distribution already, on the first glance it looks like a ascending triangle, but when you look closely you can see divergence building on the RSI. If you are about to enter short here, you gotta know that sentiment is still pretty bullish, but on the other side, that gives me more confidence in shorting PNT right now. ETH 2.0 event just acme in couple of days ago, so everything smells of "BUY THE RUMOR, SELL THE NEWS" kind of environment. You can be a buyer here as well, but that's on you. If you want to bet on the long side, risk window is to great for me to even think about longing PNT here after 1500+% pump already. Binance traders would be surprised if price dives back under the current lows, because they dont see a full chart and price movement. EDO was rebranded to PNT, but move is already too big for me to consider buying here. Great short opportunity with SL above ascending triangle (I expect stop hunt as well, but w'ell see). You can target .382 area as a safe target if this is the top. If you profit out of this idea, you can consider donation as a thank you. Be safe, and don't bet the house on this. Its a risky trade after all.
EShort
by AjnoudaSikret
Don't miss the great buy opportunity in EDOUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.7900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EDOUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 76. Take Profits: TP1= @ 0.9900 TP2= @ 1.1500 TP3= @ 1.4200 TP4= @ 1.8000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
ELong
by ForecastCity
12
Don't miss the great buy opportunity in EDOUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.7900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EDOUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 76. Take Profits: TP1= @ 0.9900 TP2= @ 1.1500 TP3= @ 1.4200 TP4= @ 1.8000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
ELong
by ForecastCity
14
Don't miss the great buy opportunity in EDOBTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.000085). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EDOBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 70. Take Profits: TP1= @ 0.000110 TP2= @ 0.000135 TP3= @ 0.000165 TP4= @ 0.000179 TP5= @ 0.000218 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
ELong
by ForecastCity
8
Don't miss the great buy opportunity in EDOBTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.000085). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EDOBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 70. Take Profits: TP1= @ 0.000110 TP2= @ 0.000135 TP3= @ 0.000165 TP4= @ 0.000179 TP5= @ 0.000218 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
ELong
by ForecastCity
10
$PNTUSD / $EDOUSD Watchout binance tradersUpon rebranding EDO ti PNT and listing on binance, I expect big drop from this resistance. A lot of confluence in this area and indicators signaling for a pullback, and posible trend reversal. Chart on binance is only this double top you see here on bitfinex, so traders there cannot see a full picture, and will be caught in a trap. Don't be a buyer here, no matter what the fundamentals are. 1. Trendline broken, possible fakeout, this whole area acts as a resistance, not a single line. 2. Rsi bearish div. 3. Double top formation 4. Tweezers top x2 (candlestick formations, usually signaling for a trend reversal because price cannot go higher or a lower than those wicks) 5. 78.6 fib retracement 6. M market structure broken, but only with the candle wick. Sign of support weakness.
EShort
by AjnoudaSikret
$EDO or $PNT hits resistance after 1700% rallyPretty good trade location for shorts. Right now in a pocket between 61% and 78% of a previous bear move. Bear divs on daily, and on 4 hour. We had 4h RSI breakout, and price action breakout, but it seems more like a fakeout, liquidating all shorts up there. Also price is now at the horizontal resistance, and upper fib channel. A lot of talk recently about $EDO swapping with $PNT, Binance just listed PNT, and after rally of 1700%, it could have a little break here. Sentiment is megabullish, as always right at resistance. I'm gonna go with the old rule "sell the news", with tight stop loss. Target not determined yet, but probably when I spot bull divergence on 30 min or 15 min chart.
EShort
by AjnoudaSikret
Eidoo Going Bullish (Another Fake Breakdown)This is how I see Eidoo (EDOBTC) easily printing over 150% in growth. First, EMA100 needs to be conquered. The last low is a "fake breakdown". Meaning, prices only broke below support to hunt for stop-loss and remove weak hands. We know this since we can see many altcoins breakdown just to quickly move back up with massive force and strength... Daily, the charts can always change. What seems bullish today, can change after a few candles close, that is why it is very important to build a plan/strategy before you decide to trade. Yes, the chart is bullish, but what would you do if you buy-in and the price goes the other way? Would you sell? Will you hold? By answering those questions, you will know what to do regardless of how the market moves. ---------------- This information is shared for learning and/or entertainment purposes only. This is not financial advice. ---------------- Thanks a lot for your support. Namaste.
EEducation
by AlanSantana
3
Eidoo Challenges EMA100, Up To 173% MappedEidoo (EDOBTC) is now challenging EMA100 (blue line) while printing really high volume... This altcoin pair can produce additional growth. Looking at the chart above, I've marked the main two targets for this breakout. The first one is sitting at 0.00004485 for 88% of potential profits. The second target is sitting at 0.00006480 for 172%. Conditions for change If prices move below "SUPPORT", the blue dashed line, the above signals become invalid. Make sure to have a strategy/plan before you decide to trade. Thanks a lot for reading. Namaste.
ELong
by AlanSantana
10
Eidoo EDO about to replicate rest of alt market - get in earlyYou can see EDO has started it's track to the 0.618 fib retracement level on the smaller fib retracement indicator, much like the rest of the alt market. The EMA 10 in blue has crossed the MA 21 in orange and also the MA 55 in purple and EDO is trading above all 3 of these indicators. The red horizontal line indicates major resistance which is also at the 0.618 fib level @ 0.2704 indicated by the green rectangular box which is the first target. Secondary target is the yellow rectangular box @ 0.3618 which is the larger fib retracement indicator level of 0.618 Only negative factor is the lack of volume which may come soon to confirm the bullish sentiment. A stop loss is 100% required on this trade. Happy trading legends! HTBB
ELong
by Pro_Trader_HTBB